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and president obama has just finished beating in south africa at the memorial service for nelson mandela where he joined 90 other heads of state. click select to company news this morning. >> government motors no more. the government has sold the last of it they can general motors five years after it gave its first round of eight. it lost about $10.5 billion on its bailout. sac capital striking a deal for its reinsurers. it is selling the reinsurance unit it found that last year. it comes as it transitions following in insider trading settlement. a group led by former marsh and look in and ceo is buying it -- mcclalnnan. new ceo. naming a also announcing the company's founder and chairman is stepping down. remember, last month he told trish regan right here on bloomberg television that some women cannot wear lululemon pants. >> we make jokes about it but this is a very serious issue. they had the flap and all the sheerness -- >> and he did not help matters by saying that. >> is with a glory stock, a year and a half it was a moonshot. >> they cut the full revenue outlook. and it is not ju
and president obama has just finished beating in south africa at the memorial service for nelson mandela where he joined 90 other heads of state. click select to company news this morning. >> government motors no more. the government has sold the last of it they can general motors five years after it gave its first round of eight. it lost about $10.5 billion on its bailout. sac capital striking a deal for its reinsurers. it is selling the reinsurance unit it found that last year. it comes...
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Dec 5, 2013
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president obama has talked often about nelson mandela. there are several members of congress who on more than one occasion have talked about mandela and the impact he has had not just on politics and life in south africa, but on politics around the world, even here in this country. a nobel peace prize winner. someone who the anti-apartheid movement here in the united states looked to when he was in prison in robin island and other places. his release in 1990 and going on to become the leader of south africa. lot of lessons to be learned from his life. i am waiting word not only from the white house, but the congress and their reaction to the deaths of nelson man -- mandela. >> you did some reporting on president obama's south african trip, where president obama was very mindful of mr. mandela's health. remind the viewers of what president obama did when he went to south africa several months ago? >> well, again, i wasn't on that trip, but there was oncern, some talk even then. nelson mandela was in failing health at that time. that perhap
president obama has talked often about nelson mandela. there are several members of congress who on more than one occasion have talked about mandela and the impact he has had not just on politics and life in south africa, but on politics around the world, even here in this country. a nobel peace prize winner. someone who the anti-apartheid movement here in the united states looked to when he was in prison in robin island and other places. his release in 1990 and going on to become the leader of...
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Dec 10, 2013
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nelson mandela last thursday at age of 95. lulu lemon -- the founder of the company is stepping down as chairman. he will be replaced by the lead director. the ceo is also step down and will be replaced by former toms shoe president. all because of those sheer yoga pants. a drugmaker warns that its earnings will miss analysts estimates next year if regulators allow generic companies of a multiple -- of a multiple sclerosis drug. we will be back in two minutes. ♪ bitcoin has been a speculative frenzy lately. but will all the attention celebrating the 12 days of bitcoin -- not really a traditional holiday. matt miller is here for a day two. on the second day of bitcoin, matt miller gave to me -- what have we got? >> today is the day where i start experimenting with all the different kinds of stuff i can buy. each day we are going to do something different with bitcoin. yesterday was about acquiring the coin, which i did. i bought it for about $800 in cash. cory actually stole $20. >> i take it while you were not looking, but i
nelson mandela last thursday at age of 95. lulu lemon -- the founder of the company is stepping down as chairman. he will be replaced by the lead director. the ceo is also step down and will be replaced by former toms shoe president. all because of those sheer yoga pants. a drugmaker warns that its earnings will miss analysts estimates next year if regulators allow generic companies of a multiple -- of a multiple sclerosis drug. we will be back in two minutes. ♪ bitcoin has been a speculative...
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Dec 10, 2013
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when we talk about nelson mandela. and great interviews. >> the memorial service for nelson mandela starts at 9:00 and lasts for four hours. we will bring you the highlights of the first two hours of that evening. president barack obama among the speakers at the event. cycling intoto be a diverse mix of news and events. the web significant. we'll be joined by a man who could potentially be the new boss at microsoft. he will be joining caroline hyde. the critical question, does he have an advantage or disadvantage to become the ceo? we are going to be cooking the books. blumenthal is a man who is a scientist, and the chef. michelin starred, a new twist to cooking. we will be talking to him about his business and cooking. >> looking forward to that. thank you. netflix the year that and amazon and hulu took on the networks with original content. what would the story be for 2014? let's all -- ask apollo sweetie. sweeney. what can we expect? >> we will find that content is king. one of the things they executives and hollywo
when we talk about nelson mandela. and great interviews. >> the memorial service for nelson mandela starts at 9:00 and lasts for four hours. we will bring you the highlights of the first two hours of that evening. president barack obama among the speakers at the event. cycling intoto be a diverse mix of news and events. the web significant. we'll be joined by a man who could potentially be the new boss at microsoft. he will be joining caroline hyde. the critical question, does he have an...
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Dec 10, 2013
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president obama was among those who spoke at the service for mandela. the president made headlines by shaking the hand of event president raul castro. that was the first handshake between those leaders in 13 years. the nominate to head the irs is at his confirmation hearing. will work to he restore the public's trust in the agency. they are struggling with budget cuts and political applications of admitting it applied closer groups. to tea party general motors named a new ceo, making her the first woman to lead a global auto company. there is an -- she is an engineer and has been for 30 years. she will take over for dan a person -- akerson. now to amazon. we all know it is a major online retailer. you may not know that amazon has been quietly building an advertising agency over the last few years. $600 million over it is expectednd to grow this year. cory johnson is back with more on this story. who knew? >> i have been learning a lot about amazon the last couple years. robust with advertising. according to the new -- next guest, there is a new normal.
president obama was among those who spoke at the service for mandela. the president made headlines by shaking the hand of event president raul castro. that was the first handshake between those leaders in 13 years. the nominate to head the irs is at his confirmation hearing. will work to he restore the public's trust in the agency. they are struggling with budget cuts and political applications of admitting it applied closer groups. to tea party general motors named a new ceo, making her the...
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Dec 10, 2013
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the memorial service of nelson mandela today. many are comparing it to the funeral of jfk back in the early 60's. >> this is one of the biggest gatherings of world leaders. we have not seen something like --s sincerely 1960s something like this since the early 1960s. royalty from around the world, and about 75 people. what is fascinating is the true message of reconciliation that he always talked about. people that will be talking will be president barack obama, and cuban president ronald castro, and the rainy president roos on -- hassan rouhani will be present. hopefully this will be a time where people can reconcile. >> as is often the case, it is the absentees that are just as notable. >> we fax it got most of the countries that have been represented across the world. syria is not going to be attending. we know that some countries have not even come out with any kind of show of gratitude or grievance at all. this is going to be interesting to see how it plays out in the rest of the day. what is fascinating is that cleat -- que
the memorial service of nelson mandela today. many are comparing it to the funeral of jfk back in the early 60's. >> this is one of the biggest gatherings of world leaders. we have not seen something like --s sincerely 1960s something like this since the early 1960s. royalty from around the world, and about 75 people. what is fascinating is the true message of reconciliation that he always talked about. people that will be talking will be president barack obama, and cuban president ronald...
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Dec 10, 2013
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obama and -- barack many other world leaders are in attendance. let's talk about what we are seeing as the event is unfolding. lenny joins us with more. stunning pictures coming. clearly, a huge amount focus on this event. what is the story that is going to be told? >> people are still arriving. hundreds of thousands, millions will be watching what goes on today. these are live pictures from the stadium. it is raining, but south africans are singing. they are so part of this moment, knowing they will reflect back on a leader that change this country's face. be addressingill the crowd. other people will also be addressing. we also have the president of was notd xi jinpeng able to attend, which was interesting. of state will be addressing the crowd from that country. india and cuba as well. president, the man who succeeded nelson mandela, a man that also did not finish his second term in office as well. a lot of controversy surrounding him. this is the part where we see south africans coming together, all editions showing that they are united. mande
obama and -- barack many other world leaders are in attendance. let's talk about what we are seeing as the event is unfolding. lenny joins us with more. stunning pictures coming. clearly, a huge amount focus on this event. what is the story that is going to be told? >> people are still arriving. hundreds of thousands, millions will be watching what goes on today. these are live pictures from the stadium. it is raining, but south africans are singing. they are so part of this moment,...
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Dec 6, 2013
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. >> for a closer look at nelson mandela. this is someone that you have covered many times, that you have also met. what will he be remember as as a person? >> it is such a difficult thing. as president obama referred to a man rarely seen. a man that was not only humble but very powerful. someone we probably won't ever see again in our lifetime. he was such a rare character. he came from the royal family. he had the presence of royalty yet he was so humble. it is something that people always talk about. they had ability to disarm his enemiesly kindness and eventually his enemies would want to be his friend and would fall in love with him. that is some of the rhetoric we know as south africans. he is known as the father of the nation. the person that came to symbolize someone who could take a difficult dispute and resolve nefment will south africa change after his death? >> this has been debated for quite sometime. a lot of people were in denial. he was 95 years old and sick for a very long time. it was something that was in t
. >> for a closer look at nelson mandela. this is someone that you have covered many times, that you have also met. what will he be remember as as a person? >> it is such a difficult thing. as president obama referred to a man rarely seen. a man that was not only humble but very powerful. someone we probably won't ever see again in our lifetime. he was such a rare character. he came from the royal family. he had the presence of royalty yet he was so humble. it is something that...